News

Dundee-based restructuring and insolvency specialists Dunedin Advisory believes that using existing legislation with the use of a Company Voluntary Arrangement (CVA) and the provisions within the new restructuring bill currently being considered by parliament may be more readily used

Michael Walker, Scottish Friendly’s chairman, is stepping down after 11 successful years. Mr Walker was appointed chairman in January 2009 in the aftermath of the global financial crisis and has overseen the business’s dramatic growth and innovation in the years since. 

Edinburgh-based fixed-income investment manager Cameron Hume Ltd has been appointed to manage the Sanlam USD Enhanced Yield Fund. The Sanlam USD Enhanced Yield Fund has been designed with detailed input and collaboration from the Cameron Hume investment team and is an enhanced mo

Audrey Baxter, the chief executive of Baxters Food Group, and Edinburgh-based finance veteran Tom Burnet have joined the board of BMO Private Equity Trust PLC. The fund invests in unlisted companies with a portfolio of private equity funds and stakes in individual private businesses.

Scotland’s economy faces a gradual recovery from the coronavirus crisis, according to updated modelling published by the Scottish Government today.

Financial services firms Tilney and Smith & Williamson have agreed a revised transaction structure for their proposed merger. The merged group will be known as Tilney Smith & Williamson and will be the UK’s leading integrated wealth management and professional services business.As

Permanent job placements and temporary billings continued to fall sharply across Scotland in May, according to the Royal Bank of Scotland's Scottish Labour Market Report.

One-third of Scots have less money in their current accounts since the COVID-19 lockdown came into effect, according to new research by PwC.

As UK businesses cautiously return to trading, a review of the last eight weeks of the Association of Chartered Certified Accountants (ACCA UK) and Corporate Finance Network (CFN) SME Health Tracker reveals that the lockdown has had a marked impact on SMEs’ financial outlook. Since e

House prices in the UK dropped again in May with prices 0.2% lower than in April, according to the latest Halifax House Price Index.

Card and contactless payments continued to increase in 2019, with card payments accounting for over half (51%) of all payments for the first time, according to the latest UK Payment Markets report from UK Finance.

The Financial Conduct Authority (FCA) has set out a package of measures designed to address weaknesses across the defined benefit (DB) transfer market. It includes steps to reduce conflicts of interest by banning contingent charging, as well as help for advisers who want to do the right thing and pr

Divorces have risen sharply in Saudi Arabia during the coronavirus pandemic, apparently driven by women discovering that their husbands are secret polygamists.

The journey into the next phases of pandemic management is well underway and the timing of opening of different industries is becoming clearer each week. It is good that the government has extended financial support under the Job Retention Scheme (JRS, or Furlough) and is allowing businesses to bri

The Scottish Building Society (SBS) has pledged that none of its customers will be at risk of losing their home over the next 12 months as it announced an emergency support package for customers in financial difficulty due to COVID-19. As well as banning repossessions, the society is extending the c